GE 2Q profit up 21 percent, financial arm improves (AP)

NEW YORK ? General Electric Co. said Friday that earnings grew 21 percent in the second quarter as its GE Capital lending arm continued to recover from the recession.

The industrial and financial giant reported income of $3.76 billion, or 35 cents per share, for the three months ended June 30. That compares with $3.11 billion, or 28 cents per share, for the same part of last year.

Revenue fell 4 percent to $35.6 billion, in part because of GE's sale of a majority stake in NBC Universal to Comcast in February.

GE's results beat Wall Street estimates for 32 cents per share on revenue of $34.7 billion, according to FactSet.

GE Capital more than doubled its profit to $1.66 billion during the quarter. The earnings growth signals a continuing rebound for the lending business. After booking billions of dollars in losses and impairments during the recession, GE Capital has been shedding assets. And the commercial real estate market overall has been slowly improving as the U.S. economy gradually recovers.

"We continue to see strong demand for credit," GE Chairman and CEO Jeff Immelt said. Income at GE's consumer and commercial lending businesses grew 57 percent and 100 percent, respectively.

The Fairfield, Conn., company also said that revenue growth was especially strong internationally; including India, China, Southeast Asia, Africa, Russia, Australia, Canada and Latin America.

GE's locomotive business soared from April to June with profits jumping nearly seven-fold to $178 million.

The company's industrial business posted modest results compared with smaller rivals. Medical and industrial instruments maker Danaher Corp.'s earnings jumped 74 percent in the second quarter while United Technologies posted a 19 percent jump in its second-quarter profit.

GE's aviation business recorded a 9 percent increase in earnings, and its health care business increased profits 8 percent. Profits dropped, however, at GE's energy infrastructure business by 19 percent as prices slumped for wind turbines and other renewable energy equipment.

The company has been aggressively expanding its energy business with a string of deals during the last nine months that are worth about $11 billion. GE plans to buy Converteam, Dresser Inc., Wellstream Holdings, Lineage Power Holdings and the well-support business of John Wood Group.

"We are optimistic about our growth prospects in the second half and beyond," Immelt said.

Shares rose 39 cents to $19.55 in premarket trading.

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/ap/20110722/ap_on_bi_ge/us_earns_general_electric

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Looking For The Best Milk Thistle Supplements - Health Articles Direct

This article has been viewed 5 times.

When it comes to herbal remedies a single is unique because of the company?s potency and quick acting impact, making it all the range one natural herb for cleansing. Of milk thistle acquired been use usually for creating cleansers to get detoxifying liver, colon and even kidney.

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Source: http://www.healtharticlesdirect.com/articles-about-health-and-fitness/looking-for-the-best-milk-thistle-supplements/?utm_source=rss&utm_medium=rss&utm_campaign=looking-for-the-best-milk-thistle-supplements

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Review: Mario&#39;s Picross (3DS Virtual Console / Game Boy) | Premium ...

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Source: http://www.dailyarticlesdir.info/probably-the-most-exciting-and-greatest-android-applications/

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How 'Friends with Benefits' Stars Are Connected To Stars of Related Moies (omg!)

This weekend Justin Timberlake and Mila Kunis will star in the raunchy romantic comedy "Friends with Benefits," which explores what happens when two friends decide to have sex with no strings attached.

Coincidentally, Mila's "Black Swan" costar Natalie Portman actually starred in a movie about the same kind of sexual situation earlier this year, and it was fittingly titled "No Strings Attached." As an even odder coincidence, it was also titled "Friends with Benefits" at one point, which would have been extremely confusing (however, the different titles might not be enough to convince audiences that they're seeing a different movie when they watch "Friends with Benefits.")

Anyway, "No Strings Attached" begins by showing Portman's character Emma meeting up with Ashton Kutcher's character Adam by chance at various points in their lives, with one such run-in resulting in the two having sex (up to this point, the plot of the movie is a lot like the plot of another Kutcher rom-com, "A Lot Like Love"). Since Emma doesn't believe in true love or taking time off from work to work on building a serious relationship with someone, she gets Adam to agree to be her sex buddy. And the rest of the plot is pretty predictable from there.

However, while Mila and Natalie's similar sex buddy comedies are getting a lot of attention (most likely because they briefly became sex buddies themselves in "Black Swan"), the casts of these comparable comedies can be connected to some other movies about friends with benefits.

Kutcher starred with Hathaway in the movie "Valentine's Day," a flick with a massive cast that was created solely to exploit couples looking for the perfect date activity on the holiday (much like the holiday itself was created by greeting card companies to sell pieces of cardboard covered with sweet nothings). Anne's character was a phone sex operator, a profession that does benefit plenty of lonely guys, but Jake Gyllenhaal got the real deal when he and Hathaway became friends with benefits in "Love and Other Drugs." The "drom-com" (dramatic romantic comedy) definitely had its funny moments, but the reason Anne's character desired casual sex was sort of sad. The film also featured a gift that lots of guys probably give themselves and their wives on Valentine's Day, a little blue pill that Jake's character really shouldn't have taken.

Gyllenhaal is also connected to Portman through the movie "Brothers," and he's shared the silver screen with Natalie's "Your Highness" costar Zooey Deschanel in the dark comedy "The Good Girl." However, Deschanel is probably best known these days for her character Summer, a hipster's dream girl that created a friends with benefits situation with Joseph Gordon-Levitt's character Tom in the quirky comedy "(500) Days of Summer." Summer refuses to ever really define her relationship with poor smitten Tom, leading him on while enjoying the perks of being in a real committed relationship (well, at least Tom is committed to her). As a quick side note, JGL also starred with Portman in the movie "Hesher" (Natalie is racking up quite the list of hottie costars of both sexes).

JGL also starred in "Inception" with hipster poster child Ellen Page, who plays a girl that decides to have sex with her best male friend (Michael Cera) simply because she's bored in the movie "Juno." However, their friends with benefits relationship doesn't last long when it results in a teen pregnancy that might just be responsible for the creation of shows like "16 and Pregnant."

But back to Zooey for a moment. She will be playing a bisexual character in "Our Idiot Brother," which stars Rashida Jones as her girlfriend, Paul Rudd as her brother, and Elizabeth Banks as her sister. Banks played a different kind of sex buddy in "Zack and Miri Make a Porno" -- her character decides to film a porn movie with her longtime friend and roommate (Seth Rogen) because they need to make some quick cash in order to pay their utility bills. Bet you can guess if they remain friends/business partners or become something more after having sex on film.

So it seems that women are being empowered in movies by opting for sex buddies in lieu of true love, but of course their desire for nothing more than to fulfill their carnal desires always seems to make the men that they're "using" melt. Is this how things would work with sex buddies in the real world?

Of course it's not! However, you've got to give credit to Hollywood for trying to convince girls that casual sex is the best way to make a guy fall in love with her, even if it's completely backwards from the way the world works.

On a lighter note, which actor and actress make up your favorite friends with benefits couple that can't just be happy with plain ol' sex?

More From This Contributor:

The Top 10 Sexiest Women of Batman

Top 14 Hottest Actresses Over 40 (Demi Moore Not Included)

Top 10 Best Cult Movies

Note: This was written by a Yahoo! contributor. Join the Yahoo! Contributor Network here to start publishing your own articles.

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Deciding Upon The Top Limo Rental Provider

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Source: http://bonusarticle.com/deciding-upon-the-top-limo-rental-provider/

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